High Tide Future Growth
Future criteria checks 1/6
High Tide is forecast to grow earnings and revenue by 125.3% and 11.3% per annum respectively while EPS is expected to grow by 59.2% per annum.
Key information
125.3%
Earnings growth rate
59.25%
EPS growth rate
| Pharmaceuticals earnings growth | 14.3% |
| Revenue growth rate | 11.3% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 19 Mar 2025 |
Recent future growth updates
Recent updates
High Tide And SNDL: High Tide's Measured Approach Shines
May 20High Tide Remains Undervalued As It Reports Record Q1 2025 Revenue
Mar 27High Tide Has A Killer Business Model
Mar 03High Tide: Strategic Expansions Drive Impressive Growth While Remaining Undervalued
Dec 03High Tide: Higher Margins Are Now The Base Scenario
Jun 14High Tide's NuLeaf Naturals multicannabinoid products available for sale in Ontario
Oct 18High Tide to acquire Jimmy's Cannabis Shop BC for $5.3M
Sep 29High Tide GAAP EPS of -C$0.05, revenue of C$95.35M
Sep 14High Tide gets access to C$19M credit facility
Aug 18High Tide undertakes control of Three Kushbar locations in Alberta
Jul 28High Tide to raise C$10M in equity offering
Jul 19High tide opens first canna cabana store in British Columbia
Jul 13High Tide to acquire 9 retail cannabis stores from Choom for C$5.1M
Jul 07High Tide opens new Canna Cabana store in Sherwood Park
Jun 30'We Don't Need Legalization' - High Tide CEO Raj Grover
May 19Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 10/31/2027 | 753 | N/A | N/A | N/A | 1 |
| 10/31/2026 | 649 | 5 | 12 | 30 | 4 |
| 10/31/2025 | 583 | -4 | 6 | 17 | 5 |
| 1/31/2025 | 537 | -7 | 20 | 29 | N/A |
| 10/31/2024 | 522 | -4 | 27 | 36 | N/A |
| 7/31/2024 | 511 | -30 | 26 | 36 | N/A |
| 4/30/2024 | 504 | -34 | 29 | 37 | N/A |
| 1/31/2024 | 498 | -36 | 19 | 25 | N/A |
| 10/31/2023 | 488 | -39 | 15 | 21 | N/A |
| 7/31/2023 | 469 | -62 | 14 | 19 | N/A |
| 4/30/2023 | 440 | -61 | 5 | 12 | N/A |
| 1/31/2023 | 403 | -68 | 0 | 8 | N/A |
| 10/31/2022 | 357 | -72 | -5 | 4 | N/A |
| 7/31/2022 | 302 | -22 | -11 | 1 | N/A |
| 4/30/2022 | 255 | -21 | -16 | -4 | N/A |
| 1/31/2022 | 215 | -25 | -17 | -6 | N/A |
| 10/31/2021 | 181 | -34 | -14 | -3 | N/A |
| 7/31/2021 | 152 | -32 | -12 | -5 | N/A |
| 4/30/2021 | 128 | -27 | -3 | 3 | N/A |
| 1/31/2021 | 108 | -19 | 7 | 11 | N/A |
| 10/31/2020 | 83 | -6 | 6 | 9 | N/A |
| 7/31/2020 | 70 | -20 | 2 | 5 | N/A |
| 4/30/2020 | 54 | -28 | -9 | -4 | N/A |
| 1/31/2020 | 40 | -26 | -18 | -11 | N/A |
| 10/31/2019 | 31 | -26 | -25 | -14 | N/A |
| 7/31/2019 | 22 | -15 | -35 | -21 | N/A |
| 4/30/2019 | 16 | -12 | -16 | -5 | N/A |
| 1/31/2019 | 11 | -9 | -21 | -13 | N/A |
| 10/31/2018 | 9 | -5 | N/A | -9 | N/A |
| 7/31/2018 | 9 | -1 | N/A | -2 | N/A |
| 10/31/2017 | 10 | 0 | N/A | 1 | N/A |
| 10/31/2016 | 8 | 1 | N/A | 0 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HITI is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: HITI is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: HITI is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: HITI's revenue (11.3% per year) is forecast to grow faster than the US market (8.6% per year).
High Growth Revenue: HITI's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HITI's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/23 20:40 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2025/01/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
High Tide Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| David Kideckel | ATB Capital Markets |
| Doug Cooper | Beacon Securities Limited |